Luxembourg 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$73.70 billion
↑ 5.45% vs 2019GDP per Capita
$116,905.37
↑ 3.71% vs 2019GDP Growth (Annual %)
-0.91%
↓ 3.83pp vs 2019Inflation Rate (CPI %)
0.82%
↓ 0.92pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $69.89 billion | $73.70 billion | +5.45% |
| GDP per Capita | $112,726.44 | $116,905.37 | +3.71% |
| GDP Growth (Annual %) | 2.92% | -0.91% | -3.83pp |
| Inflation (CPI %) | 1.74% | 0.82% | -0.92pp |
| Unemployment Rate (%) | 5.59% | 6.77% | +1.17pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $73.70 billion
- GDP per Capita
- $116,905.37
- GDP Growth (Annual %)
- -0.91%
- Gross National Income
- $51.78 billion
Prices & Employment
- Inflation (CPI %)
- 0.82%
- Inflation (GDP Deflator %)
- 4.30%
- Unemployment Rate (%)
- 6.77%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 5.10%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Luxembourg's Gross Domestic Product (GDP) is $73.70 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Luxembourg for 2020 is $116,905.37. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Luxembourg for 2020 is 0.82%. This measures the annual percentage change in the cost of consumer goods and services.
Luxembourg's annual GDP growth rate for 2020 is -0.91%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Luxembourg for 2020 is 6.77%. This represents the percentage of the labor force that is unemployed and actively seeking employment.